Central London property rents set for 3% rise, report suggests

‘This year's growth will have a positive impact on yields during a year when capital value growth will be at 2.5%, although rental growth has decreased since last year when we saw a phenomenal, albeit unsustainable, increase of almost 20%, said Andrew Stanford, Head of Residential consultancy division at Cluttons.

‘The continued performance of the residential market has not escaped investors' attention, particularly in the face of growing inflation concerns. Overseas investors remain a strong driving force for the market, with Central London offering a genuine asset in a secure market and providing diversification outside a domestic economy. With China's decision to raise interest rates, the UK may offer even greater value for Chinese investors over the coming months,' he explained. Read More: